https://www.taxtmi.com/caselaws?id=70612 The Tribunal held that the CIT's jurisdiction under Section 263 was precluded as the issue of bonus admissibility could have been addressed by the first appellate authority. Consequently, the appeal succeeded, and the CIT's order under Section 263 was set aside. The Tribunal did not delve into the merits of the disallowance directed by the CIT, as the jurisdictional matter was determinative. As a result, the appeal was allowed, and the CIT's order under Section 263 was overturned. en-us Thu, 24 Jan 1985 00:00:00 +0530 Mon, 18 Apr 2011 11:27:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70612 The Tribunal held that the CIT's jurisdiction under Section 263 was precluded as the issue of bonus admissibility could have been addressed by the first appellate authority. Consequently, the appeal succeeded, and the CIT's order under Section 263 was set aside. The Tribunal did not delve into the merits of the disallowance directed by the CIT, as the jurisdictional matter was determinative. As a result, the appeal was allowed, and the CIT's order under Section 263 was overturned. Case-Laws Income Tax Thu, 24 Jan 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70612